Paresh Patel
2018
In 2018, Paresh Patel earned a total compensation of $4.3M as Chief Executive Officer at HCI Group, a 3% increase compared to previous year.
Compensation breakdown
| Bonus | $569,000 |
|---|---|
| Option Awards | $939,400 |
| Salary | $950,000 |
| Stock Awards | $1,396,800 |
| Other | $407,519 |
| Total | $4,262,719 |
Patel received $1.4M in stock awards, accounting for 33% of the total pay in 2018.
Patel also received $569K in bonus, $939.4K in option awards, $950K in salary and $407.5K in other compensation.
Rankings
In 2018, Paresh Patel's compensation ranked 2,562nd out of 14,244 executives tracked by ExecPay. In other words, Patel earned more than 82.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,562 out of 14,244 | 82nd |
Division Finance, Insurance, And Real Estate | 476 out of 2,986 | 84th |
Major group Insurance Carriers | 107 out of 401 | 73rd |
Industry group Fire, Marine, And Casualty Insurance | 40 out of 202 | 80th |
Industry Fire, Marine, and Casualty Insurance | 40 out of 202 | 80th |
Pay ratio
| Paresh Patel's Pay | $4,262,719 |
|---|---|
| Median Employee's Pay | $41,017 |
| Pay Ratio | 104to 1 |
In 2018, the annual total compensation of Paresh Patel was $4,262,719.
The annual total compensation of the median employee at HCI Group was $41,017.
The ratio of Paresh Patel's pay to the pay of median employee was therefore 104 to one.
Source: SEC filing on April 29, 2019.
Patel's colleagues
We found four more compensation records of executives who worked with Paresh Patel at HCI Group in 2018.